Ally Fashion has shut down, affecting up to 185 stores and more than 1,000 employees across Australia. The popular clothing retailer started in 2001 and grew to over 150 stores across New South Wales, Victoria, Queensland, South Australia, and the Northern Territory.

Court-ordered closure

The Federal Court of Australia on Friday ordered the company to close due to financial difficulties. The process began in November last year when Ginninderra Properties, a commercial property group, filed for the action, as stated in a public notice by the Australian Securities and Investments Commission.

BDO Sydney's Jeff Marsden and Duncan Clubb have been appointed as the liquidators to handle the closure,

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